Sushruth Sunder

Warren Buffett has time and again advised investors to opt for low-cost index funds rather than burning a hole in the pocket by giving high fees to professional managers. According to Morningstar, this has led to an unprecedented growth in passive investing globally.

Steve Jobs, the co-founder of the world’s largest company Apple, who was unceremoniously ousted from the firm in 1985 after a long power struggle, returned to the company in 1997, when the company was on the verge of bankruptcy.

After the Indian stock markets opened in green with the Sensex and Nifty surging on BJP’s BS Yeddyurappa swearing in as the new CM, market experts advise investors to be cautious before putting in money into Indian stock markets, as volatility may continue.

Even as the Indian stock market reacts to the crucial Karnataka elections, Rahul Jain of Edelweiss says that Sensex and Nifty will remain volatile in the rest of the year too given macro factors such as rising crude oil prices.

World’s richest man and Amazon’s top boss Jeff Bezos is against the concept of work-life balance, and calls it a ‘debilitating phrase.’ He prefers work-life harmony instead. “I get asked about work-life balance all the time.

While many top market voices have shunned the elusive cryptocurrency Bitcoin, one of the world’s largest financial services conglomerate Goldman Sachs is all set to establish a Bitcoin trading operation at a Wall Street bank, according to a New York Times report.

In a matter of just over a decade, IndiGo has risen from a single aircraft company to become India’s largest airline by market share. We take a closer look at its journey so far, and a peek into its future growth.

Even as top market voices caution against a full-blown trade war on US President Donald Trump’s protectionist policies and China’s retaliation, Goldman Sachs says that it would be negative for both countries, and the parties will try to avoid such a situation.

Following the thumping success of Amazon Prime Video’s Indian original series after Breathe and and the award-winning web series Inside Edge, Amazon’s top boss Jeff Bezos says that he is looking to investing in India original video content in a big way.

Ramdev effect: Ruchi Soya Industries shares surged by more than 4.4% intra-day on reports that Baba Ramdev-led Patanjali Ayurved has increased its bid on the edible oil manufacturer, in the slugfest which involves 25 other suitors.

Rushing in to assuage fears after reports of cash crunch in various states including poll-bound Karnataka and Maharashtra, finance minister Arun Jaitley as well as SBI Chairman Rajnish Kumar said that there is more than adequate currency in circulation and also within the banks.

Race for Fortis: Malaysia’s IHH Healthcare has bowed out of the race despite submitting the highest bid, as Fortis Healthcare has received a binding offer from other parties,as compared to it’s non-binding expression of interest.

Apart from these two noted economists, former rockstar banker Raghuram Rajan had also expressed concern over the regulation of digital currency Bitcoin, saying that the virtual nature of the currency raised questions about how its value would be governed.

Air India stake sale: Even as prominent domestic businesses from IndiGo, Jet Airways and even Tata Group have pulled out of the race to bid for Air India, foreign airlines British Airways Etihad, Lufthansa and Singapore Airlines have shown interest in the state-run carrier.

With major private sector lender ICICI Bank under the lens, after allegations of a possible impropriety in the Videocon loan case involving CEO Chanda Kochhar, global firm S&P says that the bank could face loss of reputation, legal as well as financial risks if allegations are proved.

Following the curtailment of Axis Bank CEO Shikha Sharma’s term, many top market voices including global brokerage firm Nomura believe that its an opportune moment for Uday Kotak-run Kotak Mahindra Bank to takeover the private lender.

Even as the government looks to privatise Air India, at least five major airlines have refused to bid for the beleaguered state-run carrier citing various reasons including onerous terms and conditions. We take a closer look.

After the major oil and gas stocks tanked yesterday on reports of government asking the major OMCs (oil marketing companies) to absorb diesel and gasoline price hikes up to Rs 1 per litre, brokerages caution that such a move could hurt margins of these companies.

Pointing to a steep surge in debt accumulation the global debt has swelled to all-time high of $237 trillion in 2017 according to a report by the Institute of International Finance. To put this in perspective, India’s GDP stands at $2.3 trillion.

In a bid to win over minority shareholders, TPG Capital backed Manipal Hospitals Enterprises has raised its offer to buy Fortis Healthcare’s hospital business, a company in which ace investors Rakesh Jhunjhunwala as well as Porinju have an equity stake.

Indian stock markets started higher on Thursday with BSE Sensex rising more than 100 points as blue-chip shares of India's second-largest IT company Infosys and country's largest housing financier HDFC contributed considerably to the upsurge.

The country's GDP growth will accelerate to 7.5 per cent this financial year, from 6.6 per cent in the last fiscal, on better performance from the industrial and agricultural sectors, a report said today.

Cab-hailing firm Uber will re-invest profits in its products and technology, emerging markets like India and to scale up its Uber Eats and JUMP businesses globally, its chief executive Dara Khosrowshahi said.